Overview
What is Kaiser Foundation Health Plan Inc?
Kaiser Foundation Health Plan Inc, based in Oakland, California, is a renowned nonprofit organization specializing in member healthcare services. With over 30,000 employees, the organization provides medical and surgical care, including urgent care, extended care, and home health care, to its members irrespective of age, sex, race, religion, national origin, or ability to pay. Kaiser Foundation Health Plan, Inc. is dedicated to promoting scientific and nursing education, improving community health, and increasing access to healthcare. They work to enhance health conditions and equity in their communities by providing health education. The organization's mission is to deliver high-quality, affordable healthcare services to improve the health of their members and the communities they serve.
Official website here: www.kp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating
Kaiser Foundation Health Plan Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization excels in governance, with 92% of its board members being independent and scoring full points in various oversight measures. However, the charity has been marked down for a material diversion of assets and the absence of its tax form on its website, which impacts its overall rating.
Financially, the organization shows a high program expense ratio of 95.35%, indicating that a significant portion of its funds is allocated toward programs rather than administrative costs. However, the liabilities to assets ratio of 67.42% raises concerns about the organization's financial stability and ability to cover its obligations. This highlights a tension between strong programmatic focus and potential financial risks.
While the organization demonstrates strong governance and accountability measures, the noted deficiencies in financial management and transparency warrant caution for potential donors. The overall performance indicates a need for improvement in financial practices to enhance sustainability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kaiser Foundation Health Plan Inc legitimate?
Kaiser Foundation Health Plan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kaiser Foundation Health Plan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,793,859
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,680,303,412
For more financial information, click here
Official website here: www.kp.org
What is the mission statement of Kaiser Foundation Health Plan Inc?
Kaiser Foundation Health Plan Inc is dedicated to delivering high-quality, affordable healthcare services to enhance the health and wellbeing of its members and the communities it serves. The organization goes beyond providing medical and surgical care, extending to urgent care, extended care, home health care, and educating and training healthcare professionals to improve patient care. Kaiser Foundation Health Plan, Inc. also invests in community health by increasing access to healthcare, improving health conditions and equity, and providing health education.
Official website here: www.kp.org
Who is the CEO of Kaiser Foundation Health Plan Inc?
Paul Minardi is the CEO of Kaiser Foundation Health Plan Inc The CEO's salary of Kaiser Foundation Health Plan Inc is $849,029 and their total compensation is $1,060,332.
Official website here: www.kp.org
What is the revenue of Kaiser Foundation Health Plan Inc?
Kaiser Foundation Health Plan Inc's revenue in 2023 was $75,101,306,911.
Official website here: www.kp.org
Who are the executives of Kaiser Foundation Health Plan Inc and what are their salaries?
The average compensation at Kaiser Foundation Health Plan Inc during 2023 was $91,470. There are 30295 employees and 281 volunteers at Kaiser Foundation Health Plan Inc.
Here are 68 key members and their salaries (Kaiser Foundation Health Plan Inc's CEO's salary is $849,029 and their total compensation is $1,060,332):
- Compensation: $12,567,386
- Related: $0
- Other: $154,060
- Compensation: $4,923,403
- Related: $0
- Other: $137,899
- Compensation: $4,617,356
- Related: $0
- Other: $134,195
- Compensation: $4,417,378
- Related: $0
- Other: $89,835
- Compensation: $3,776,237
- Related: $0
- Other: $18,575
- Compensation: $2,692,460
- Related: $0
- Other: $738,536
- Compensation: $2,757,804
- Related: $0
- Other: $137,869
- Compensation: $2,776,319
- Related: $0
- Other: $31,347
- Compensation: $2,694,572
- Related: $0
- Other: $80,096
- Compensation: $2,057,115
- Related: $0
- Other: $612,099
- Compensation: $1,833,838
- Related: $0
- Other: $660,356
- Compensation: $2,363,044
- Related: $0
- Other: $128,354
- Compensation: $2,410,782
- Related: $0
- Other: $77,168
- Compensation: $2,354,488
- Related: $0
- Other: $71,060
- Compensation: $1,792,455
- Related: $0
- Other: $308,115
- Compensation: $1,559,972
- Related: $0
- Other: $288,147
- Compensation: $1,721,108
- Related: $0
- Other: $121,348
- Compensation: $1,620,499
- Related: $0
- Other: $129,648
- Compensation: $1,633,848
- Related: $0
- Other: $115,979
- Compensation: $1,719,912
- Related: $0
- Other: $5,426
- Compensation: $1,547,457
- Related: $0
- Other: $162,747
- Compensation: $1,459,334
- Related: $0
- Other: $168,705
- Compensation: $1,301,160
- Related: $0
- Other: $320,687
- Compensation: $1,284,944
- Related: $0
- Other: $327,084
- Compensation: $1,267,982
- Related: $0
- Other: $341,640
- Compensation: $1,553,158
- Related: $0
- Other: $50,574
- Compensation: $1,433,298
- Related: $0
- Other: $141,066
- Compensation: $1,392,047
- Related: $0
- Other: $130,213
- Compensation: $1,286,382
- Related: $0
- Other: $217,475
- Compensation: $1,040,387
- Related: $0
- Other: $461,676
- Compensation: $1,272,055
- Related: $0
- Other: $208,369
- Compensation: $1,263,673
- Related: $0
- Other: $154,947
- Compensation: $1,164,814
- Related: $0
- Other: $188,416
- Compensation: $1,145,419
- Related: $0
- Other: $139,533
- Compensation: $960,909
- Related: $0
- Other: $150,719
- Compensation: $845,340
- Related: $0
- Other: $228,175
- Compensation: $849,029
- Related: $0
- Other: $211,303
- Compensation: $897,898
- Related: $0
- Other: $52,883
- Compensation: $695,935
- Related: $0
- Other: $242,818
- Compensation: $723,920
- Related: $0
- Other: $173,240
- Compensation: $699,482
- Related: $0
- Other: $191,364
- Compensation: $742,737
- Related: $0
- Other: $130,346
- Compensation: $743,221
- Related: $0
- Other: $129,756
- Compensation: $511,652
- Related: $0
- Other: $293,271
- Compensation: $663,756
- Related: $0
- Other: $140,141
- Compensation: $633,698
- Related: $0
- Other: $142,227
- Compensation: $508,592
- Related: $0
- Other: $167,556
- Compensation: $474,637
- Related: $0
- Other: $170,789
- Compensation: $492,643
- Related: $0
- Other: $152,318
- Compensation: $532,206
- Related: $0
- Other: $35,826
- Compensation: $360,025
- Related: $0
- Other: $0
- Compensation: $291,083
- Related: $28,000
- Other: $16,717
- Compensation: $280,951
- Related: $0
- Other: $17,907
- Compensation: $266,500
- Related: $24,300
- Other: $6,534
- Compensation: $268,956
- Related: $0
- Other: $24,274
- Compensation: $252,951
- Related: $14,000
- Other: $21,121
- Compensation: $265,915
- Related: $0
- Other: $13,187
- Compensation: $236,500
- Related: $0
- Other: $27,421
- Compensation: $261,456
- Related: $0
- Other: $0
- Compensation: $248,772
- Related: $0
- Other: $12,004
- Compensation: $196,754
- Related: $0
- Other: $55,189
- Compensation: $250,951
- Related: $0
- Other: $0
- Compensation: $244,000
- Related: $0
- Other: $4,278
- Compensation: $234,000
- Related: $0
- Other: $13,569
- Compensation: $219,620
- Related: $0
- Other: $27,404
- Compensation: $152,070
- Related: $0
- Other: $0
- Compensation: $53,623
- Related: $0
- Other: $0
- Compensation: $0
- Related: $39,004
- Other: $0
Official website here: www.kp.org
Where can I find the form 990 for Kaiser Foundation Health Plan Inc?
Kaiser Foundation Health Plan Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kp.org
Learn more at the official website: www.kp.org
Mission Statement of Kaiser Foundation Health Plan Inc
Kaiser Foundation Health Plan Inc, also known as KFHP, is a dedicated organization committed to providing high-quality, affordable healthcare services to enhance the health and wellbeing of its members and the communities it serves. By offering medical and surgical care, including urgent care services, extended care, and home health care, KFHP ensures that its services are accessible to individuals regardless of age, gender, race, religion, or national origin.
In line with its mission, KFHP goes beyond basic healthcare services by investing in the education and training of medical students and healthcare professionals. This not only improves the quality of care for its members but also contributes to the broader community. Furthermore, KFHP takes a proactive approach to community health by working towards increasing access to healthcare, enhancing health conditions and equity, and providing health education. Through these efforts, KFHP aims to create a healthier population and contribute to a thriving community.
The organization's commitment to improving the health and wellbeing of its members and the community extends beyond direct care. KFHP invests in various initiatives aimed at addressing the root causes of health issues and promoting overall wellness. These initiatives may include community outreach programs, partnerships with local organizations, and advocacy efforts to improve access to healthcare and resources. Overall, Kaiser Foundation Health Plan Inc is a forward-thinking organization that prioritizes the health and wellbeing of its members and the communities it serves, going above and beyond to ensure access to quality care and create sustainable, long-term health improvements.
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Impact
April, 2024
In a world where access to quality healthcare was a distant dream for many, Kaiser Foundation Health Plan Inc emerged as a beacon of hope. With a steadfast mission to provide high-quality, affordable health care services to improve the health of its members and the communities it served, the nonprofit organization's impact was profound.
Through their unwavering dedication to offer medical and surgical care, urgent care services, home health care, and more, Kaiser Foundation Health Plan Inc uplifted the lives of countless individuals. Regardless of age, sex, race, or financial status, they ensured that everyone received the care they deserved. By also investing in medical training and education, the organization not only improved the skills of healthcare professionals but also enhanced the overall quality of care provided.
As Kaiser Foundation Health Plan Inc worked tirelessly to increase access to healthcare, improve health conditions, and promote health education, the ripple effect was felt far and wide. Communities flourished, individuals thrived, and hope was restored. Their commitment to the well-being of all, regardless of background, served as a shining example of how a nonprofit could truly make a lasting and positive impact on society.
This information is meant to be a general summary of Kaiser Foundation Health Plan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $298,237,561
- Program Service Revenue: $75,068,903,991
- Gross Receipts: $82,040,914,822
Assets and Liabilities:
- Total Assets: $29,662,106,149
- Total Liabilities: $19,999,767,795
- Net Assets: $9,662,338,354
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERS' DUES
Revenue
$49,805,608,832
MEDICARE REVENUE
Revenue
$19,786,134,273
SUPPLEMENTAL REVENUE
Revenue
$2,395,741,728
NON-PLAN & INDUSTRY
Revenue
$68,454,806
OTHER PROGRAM SVCS
Revenue
$3,012,964,352
Organization Details
Founding Year
1955
Phone
(510) 271-6611Principal Officer
Gregory A Adams
Main Address
C/O KP Tax One Kaiser Plz FL 26, OAKLAND, CA, 94612
Website
www.kp.orgNTEE Category
Code: E310 - Health
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